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Harmoniforex

Will GBPUSD start moving downwards from the November high?The GBP is moving full steam to November high. There is a bat pattern that has been created but I am not convinced this trade is valid at the moment. What I would like to see is a smaller pattern to short will happen next week to short GBPUSD. This is shown in green. If the November high is broken then the 1.2575 level will become a strong support. Keep a sharp eye on this level. If this level holds, we maybe in a big short for GBP for about 400 pips.
Short
by Snehath